trust

reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence.

2.

confident expectation of something; hope.

3.

confidence in the certainty of future payment for property or goods received; credit:

to sell merchandise on trust.

4.

a person on whom or thing on which one relies:

God is my trust.

5.

the condition of one to whom something has been entrusted.

6.

the obligation or responsibility imposed on a person in whom confidence or authority is placed:

a position of trust.

7.

charge, custody, or care:

to leave valuables in someone's trust.

8.

something committed or entrusted to one's care for use or safekeeping, as an office, duty, or the like; responsibility; charge.

9.

Law.

a fiduciary relationship in which one person (the trustee) holds the title to property (the trust estate or trust property) for the benefit of another (the beneficiary).

the property or funds so held.

10.

Commerce.

an illegal combination of industrial or commercial companies in which the stock of the constituent companies is controlled by a central board of trustees, a group of people who have assumed the authority to supervise the affairs of the constituent companies, thus making it possible to manage the companies so as to minimize production costs, control prices, eliminate competition, etc.

any large industrial or commercial corporation or combination having a monopolistic or semimonopolistic control over the production of some commodity or service.

1.Trust,assurance,confidence imply a feeling of security. Trust implies instinctive unquestioning belief in and reliance upon something: to have trust in one's parents.Confidence implies conscious trust because of good reasons, definite evidence, or past experience: to have confidence in the outcome of events.Assurance implies absolute confidence and certainty: to feel an assurance of victory.

trust

trust definition

A combination of firms or corporations for the purpose of reducing competition and controlling prices throughout a business or industry. Trusts are generally prohibited or restricted by antitrust legislation. (Comparemonopoly.)